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Norway’s sovereign wealth fund, the world’s largest, has sold all of its shares in Israel’s Bezeq, which provides telecommunications services to Israeli settlements in the occupied West Bank. The decision, announced late on Tuesday, comes after the fund’s ethics watchdog, the Council on Ethics, adopted a new, tougher interpretation of ethics …
Read More »Indian billionaire Adani, 3 former executives of Canadian pension fund charged in fraud scheme
Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government. …
Read More »Strathcona Resources and Canada Growth Fund to partner on carbon capture project
By Staff The Canadian Press Posted July 11, 2024 12:31 pm Updated July 11, 2024 12:32 pm 1 min read Descrease article font size Increase article font size The Canada Growth Fund is partnering with Strathcona Resources Ltd. on a carbon capture and sequestration project, with each group contributing up …
Read More »Housing Accelerator Fund spurs hundreds of letters from Saskatoon residents – Saskatoon
Hundreds of Saskatoon residents are looking to weigh in on the Housing Accelerator Fund being discussed on Thursday at city council’s special public hearing meeting. The government of Canada has offered funding to help cities fast-track housing, and is partnering with the city of Saskatoon to help develop 940 housing …
Read More »Ottawa, province help fund $10-million expansion of daycare at Halifax university – Halifax
Government funding is expected to cover half of the cost of a $10-million expansion of the child care centre at Mount Saint Vincent University in Halifax. A provincial government news release says Ottawa is providing $3 million through a federal-provincial child care agreement, while the province is contributing $2 million …
Read More »Federal Fiona recovery fund providing $9 million for community comfort centres
By The Staff The Canadian Press Posted September 22, 2023 12:40 pm Descrease article font size Increase article font size The federal government is providing $9 million to help communities hit by post-tropical storm Fiona ensure they’re ready to offer residents refuge from the next big storm. The money comes …
Read More »Ontario adding more ‘strong mayors,’ creating $1.2B in housing incentive fund
Ontario Premier Doug Ford is expanding so-called strong mayor powers to a total of 49 communities across the province and is offering $1.2 billion in incentives for cities and towns to meet housing targets. Ford’s announcement Monday, in a speech at the Association of Municipalities of Ontario’s conference, comes as …
Read More »Ontario adds $44M to fund aimed at reducing ER wait times at hospitals
By Staff The Canadian Press Posted July 20, 2023 1:05 pm Descrease article font size Increase article font size OTTAWA — Ontario is adding $44 million to a fund for hospitals to help reduce ER wait times and allowing more hospitals to qualify. The new funding is on top of …
Read More »Will Ontario fund Toronto’s World Cup plan? Inside the provincial deliberations
Toronto’s plans to host five games as part of the 2026 World Cup could be in jeopardy as provincial officials continue painstaking deliberations over whether or not to pitch in and help pay for the event, something the city expects them to do. During increasingly detailed discussions about how to …
Read More »Fraction of Nova Scotia’s Green Fund spent on climate change programs: auditor – Halifax
By Staff The Canadian Press Posted February 28, 2023 9:28 am Descrease article font size Increase article font size Nova Scotia’s auditor general says only a fraction of a government fund established to combat climate change has been spent on solving the problem. Kim Adair says a performance audit of …
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